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Japan

Toshiba posts 9-month net loss of $4.85 billion

The Japanese group — which develops solar projects and provides PV systems solutions, in addition to EPC and O&M services — has warned of “substantial doubt” over its “ability to continue as a going concern,” largely due to the decline of its nuclear business in the U.S.

NPC Incorporated swings to profit in first half of fiscal year ending 8/2017

The Japanese equipment provider reported a profit of JPY 151 million ($1.3 million) for the first half of the current fiscal year. Revenue grew 231.3% year-on-year to JPY 2,227 million ($20.0 million).

Solargiga posts $34.7 million net loss in 2016

The Chinese PV manufacturer fell from a 2015 net profit of 16.4 million yuan ($2.4 million) to a net loss of 239.1 million yuan in the year to the end of December 2016.

Canadian Solar raises $47m to finance 19 MW Japan solar plant

The Chinese solar power company has signed an inaugural dual-tenor green project bond with Goldman Sachs Japan to aid the construction of its Gunma Aramaki solar power plant.

Canadian Solar secures $36m credit for Japanese project expansion

The JPY 4 billion credit facility with Japan’s Sumitomo Mitsui Finance and Leasing Company will be steered towards solar project development in the country.

GSSG to acquire 350 MW of PV in Japan

The U.S. private equity firm has announced more than $120 million of additional investments in the Japanese solar market.

IEEFA report: Reviewing Japan’s energy transition

In the wake of 2011’s Fukushima nuclear disaster, Japan’s electricity sector underwent a complete overhaul, and has now reached a milestone. It is determined to usher in more renewables and a policy push is set to assume a vital role.

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Nippon Renewable Energy starts work on 41 MW solar plant in Japan

The Japanese clean energy developer has broken ground on a new large-scale installation in Tochigi Prefecture – one of three such projects the company is embarking on in the region.

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SB Energy acquires 30 MW in northern Japan

The Tokyo-based developer and MUL Energy Investment — a unit of Mitsubishi UFJ Lease & Finance — have purchased a project company from conglomerate Marubeni.

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SPI Energy unit to sell 4.8 MW in Japan

SPI Solar Japan, a wholly owned subsidiary of the Chinese PV group, has agreed to sell its entire interest in land and project development rights for 4.8 MW of PV capacity near Tokyo.

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